EXHIBIT 99.1
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FOR IMMEDIATE RELEASE                                  CONTACT:
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Hudson Valley Holding Corp.                            Stephen R. Brown
21 Scarsdale Road                                      Sr. EVP, CFO & Treasurer
Yonkers, NY 10707                                      (914) 771-3212 (Earnings)



                          HUDSON VALLEY HOLDING CORP.
                     REPORTS RECORD FIRST QUARTER EARNINGS


        YONKERS, NY, April 30, 2007 ...James J. Landy, President and Chief
Executive Officer, Hudson Valley Holding Corp., announces earnings for the first
three months of 2007. Earnings for the three month period were $8.3 million,
compared to $7.7 million for the same period in 2006, an increase of 7.7%.
Diluted earnings per share were $0.90 compared to $0.84 for the same period last
year. Mr. Landy emphasized that this significant growth in earnings was the
result of strong loan demand, continued deposit growth and an increase in
investment management services. In addition, Mr. Landy announced that, as of
March 31, 2007, assets totaled $2.4 billion, deposits totaled $1.7 billion, and
net loans totaled $1.2 billion.


Hudson Valley Holding Corp. (HUVL), headquartered in Yonkers, NY, is the parent
company of two independently owned local banks, Hudson Valley Bank (HVB) and
NYNB Bank (NYNB). Hudson Valley Bank is a Westchester based bank with more than
$2 billion in assets, serving the metropolitan area with 22 branches located in
Westchester, Rockland, the Bronx, Manhattan and Queens. HVB specializes in
providing a full range of financial services to businesses, professional
services firms, not-for-profit organizations and individuals; and provides
investment management services through a subsidiary, A. R. Schmeidler & Co.,
Inc. NYNB Bank is a Bronx based bank with approximately $140 million in assets
serving the local communities of the South Bronx, Upper Manhattan and Roosevelt
Island with five branches. NYNB provides a full range of financial services to
individuals, small businesses and not-for-profit organizations in its local
markets. Hudson Valley Holding Corp.'s stock is traded under the ticker symbol
"HUVL" on the OTC Bulletin Board. Additional information on Hudson Valley Bank
and NYNB Bank can be obtained on their respective web-sites at
www.hudsonvalleybank.com and www.nynb.com.

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This press release contains forward-looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995. These
statements refer to future events or our future financial performance. We have
attempted to identify forward-looking statements by terminology including
"anticipates," "believes," "can," "continue," "could," "estimates,"
"expects," "intends," "may," "plans," "potential," "predicts,"
"should" or "will" or the negative of these terms or other comparable
terminology. These statements are only predictions and involve known and unknown
risks, uncertainties and other factors that may cause our or the banking
industry's actual results, level of activity, performance or achievements to be
materially different from any future results, level of activity, performance or
achievements expressed or implied by these forward-looking statements. Factors
that may cause actual results to differ materially from those contemplated by
such forward-looking statements include, but are not limited to, material
adverse changes in the Company's operations or earnings, or a decline in the
economy in the New York Metropolitan area. Although we believe that the
expectations reflected in the forward-looking statements are reasonable, we
cannot guarantee future results, levels of activity, performance or
achievements.
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